Hi,
Security deposit (Contract Accounts Receivable and Payable):- Deposit which a business partner must give the utility company as a new business partner or as a business partner with poor creditworthiness.
The following types of security deposits exist:
Cash/Non Cash security deposit: The amount of money a utility company requires from customers with poor credit standing or expected bad payment behavior before services are provided.
There are several ways in which cash security deposits can be paid back.
To do this, use enhancement EC500001 (IS-U move-in: determine security deposit amount and reason for security deposit). Alternatively, you can enter this data manually on the move-in screen.
Each utility contract can only have one security deposit.
In SPRO under Contract Account recivables Payables->Business Transactions ->Security Deposits
You can set the parametes for Security Deposit.
With regards,
Sunil
